2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Kuwait-Barbados In 2022, Kuwait exported $1.14k to Barbados. The main products that Kuwait exported to Barbados are Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). During the last 19 years the exports of Kuwait to Barbados have increased at an annualized rate of 22%, from $26 in 2003 to $1.14k in 2022.

In 2022, Kuwait did not export any services to Barbados.

Barbados-Kuwait In 2022, Barbados exported $86.1k to Kuwait. The main products that Barbados exported to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). During the last 19 years the exports of Barbados to Kuwait have increased at an annualized rate of 18.4%, from $3.49k in 2003 to $86.1k in 2022.

In 2022, Barbados did not export any services to Kuwait.

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $1.14k to Barbados. The main products exported from Kuwait to Barbados were Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). During the last 19 years the exports of Kuwait to Barbados have increased at an annualized rate of 22%, from $26 in 2003 to $1.14k in 2022.

In 2022, Barbados exported $86.1k to Kuwait. The main products exported from Barbados to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). During the last 14 years the exports of Barbados to Kuwait have increased at an annualized rate of 18.4%, from $3.49k in 2008 to $86.1k in 2022.

Exports from Kuwait (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Barbados
Top Destination
United States$88.6M

This map shows whether countries import more from Kuwait or Barbados. Each country is colored based on the difference in imports they receive from Kuwait and Barbados or the difference in the growth in imports.

In 2021, countries that imported more from Kuwait than Barbados were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Barbados than Kuwait were Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

Difference in imports from Barbados (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Barbados

Flow
Scale

This chart compares trade between Kuwait and Barbados by product, considering products traded by both, Kuwait and Barbados.

During 2022, Kuwait had a large net trade with Barbados in the exports of Textiles ($1.07k) and Instruments ($74).

During 2022, Barbados had a large net trade with Kuwait in the exports of Chemical Products ($49k), Machines ($17.2k), and Metals ($15.8k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Barbados (Flag) (2022)

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